Replies to post #57665 on Hiru Corporation (HIRU)

[QuantumTravesty]

PHOENIX, Oct. 5, 2023 /PRNewswire/ -- Hiru Corporation would like to announce that it has made a significant change of direction in its operational footprint to strengthen revenue producing operations in fiscal year 2024.

We can service all our current West Coast customers, including Alkaline88, through our large manufacturing footprint at our location in Glendale, Arizona. By letting the lease expire in California, and moving key equipment and production to Arizona, we will significantly reduce our operational expenses in both facility and employee costs. The cost to do business in Arizona versus California is significantly lower especially when it comes to employee compensation and long-term retention, along with burdensome state regulations that added unnecessary expenses related to compliance. Our facility in Glendale is large enough, and has enough dormant capacity, to meet the current productions levels from the California location, and still expand as necessary as we keep adding new revenue streams on the West Coast. By consolidating our West Coast operations, we will be able to meet our current and future production requirements in a more efficient and cost-effective manner.